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secretive and the elite the builder group unites the world's most powerful people behind closed doors it's been happening for decades and this year it's in chantilly virginia and the secrecy surrounding the conference has sparked many theories as to what exactly goes on in the meetings some believe it's a venue where the world's most rich and powerful conspire to carve out a new world order are to correspondent abbie martin was in chantilly virginia today it's a let us know what's happening outside of the belt of our conference. every year about one hundred thirty of the world's most powerful elite players. banking mining oil food media and defense and politics meet in secret behind closed doors without any official press coverage this year they're meeting in chantilly virginia at the westfields mary out it's called the builder group and hundreds of protesters are here right now protesting the secrecy coefficient. some of the protesters speculate on why it's so secret when you're discussing foreign policy you're you're talking about manipulating the prices of oil the price of gold whe
secretive and the elite the builder group unites the world's most powerful people behind closed doors it's been happening for decades and this year it's in chantilly virginia and the secrecy surrounding the conference has sparked many theories as to what exactly goes on in the meetings some believe it's a venue where the world's most rich and powerful conspire to carve out a new world order are to correspondent abbie martin was in chantilly virginia today it's a let us know what's happening...
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states. how are these drone strikes strikes working? and here is press tv talking about, again, some of the civilian damage that's done. >> reporter: the aftermath of a u.s. drone attack in yemen's province. locals dispute and say the victims were innocent civilians. >> last night at half past 8:00 in the evening, americans killed 17 innocent people who did not deserve to die. >> now you see people speaking there that are from yemen and are angry. our guys won't show the civilians on the ground. are you the press, or are you not the press? are you going to do your job or not do the job? and credit the "washington post" for running this story, and i want to give you one more quote that i think is devastating. when they talk to a local about why he now sympathizes more with al-qaeda he said this: i want to ask you, if somebody killed your nephew that wasn't doing anything or your son or mom or grandmother? what would you do? i know i would want to fight. if they came into the middle of springfi
states. how are these drone strikes strikes working? and here is press tv talking about, again, some of the civilian damage that's done. >> reporter: the aftermath of a u.s. drone attack in yemen's province. locals dispute and say the victims were innocent civilians. >> last night at half past 8:00 in the evening, americans killed 17 innocent people who did not deserve to die. >> now you see people speaking there that are from yemen and are angry. our guys won't show the...
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it is the united states of america. you can do a public event on a public street. i would explain that i have talked to a number of senior republican strategists and explained that the sol indra criticism of the president has been going on for a long time. it is really an attempt to discredit him on not just his ethical moral standing, that he is seen as this ethical president but also to go with this argument that he is not ready for the job. >> can't pick a winner. >> right. >> jessica, jim, this is going to go on 159 more ways. a lot more in your face. i suspect we will hear from david axlerod to his response to the romney's accusations of cronyism. >>> why new york city officials want to ban super size servings of sugary soft drinks. so we invented a warning.. you can feel. introducing the all new cadillac xts, available with the patented safety alert seat. when there is danger you might not see, you're warned by a pulse in the seat. it's technology you won't find in a mercedes e-class. the all new cadillac xts has arrived. and it's bringing the future forward.
it is the united states of america. you can do a public event on a public street. i would explain that i have talked to a number of senior republican strategists and explained that the sol indra criticism of the president has been going on for a long time. it is really an attempt to discredit him on not just his ethical moral standing, that he is seen as this ethical president but also to go with this argument that he is not ready for the job. >> can't pick a winner. >> right....
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if you have the president of the united states speaking he is the guy that won an election, national election or surrogate elected. that is a lousy choice. the other thing is the strategic, obama is jeopardizing something by going after romney. through surrogates and himself. squandering for a tactical advantage. the presidential aura. if they get in there and slung stuff so early on like other politicians it will hurt them and others won't be aware. the segment of this time in may is spending doing that >> a lot of people don't know who obama is. he's still to be defined. if you look at national review this week he gets to be all things to all people. the deficit cutter and the person who invests in solyndr solyndra. the person that wants to cut back and be responsible. i understand what they are trying to do. it's smart when it comes to romney. i have to agree with charles. the photograph with david axelrod was bizarre. like a trial balloon. if they said who wants to go to massachusetts and give a speech to go against romney record and see how it goes, nobody raises their hand. i'l
if you have the president of the united states speaking he is the guy that won an election, national election or surrogate elected. that is a lousy choice. the other thing is the strategic, obama is jeopardizing something by going after romney. through surrogates and himself. squandering for a tactical advantage. the presidential aura. if they get in there and slung stuff so early on like other politicians it will hurt them and others won't be aware. the segment of this time in may is spending...
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data will outperform european data and canada being linked with the united states and if you do have a risk off move, canada will suffer less than aussie or qe and that's another reason how you could stay in this trade as well. >> all right. amelia, great to see you. >> good to see you, too. >> money in motion is tomorrow at 5:30 p.m. eastern time. >>> meantime, let's go back to michael burns. hopefully we have fixed -- actually -- we're going to continue working on those and bring him up after this break. coming up, morgan stanley says the best days are gone for one chip stock, but some traders on this desk aren't buying it. we'll hit the call. day and settle the score coming back. >> i'm brian sullivan, cnbc is heading down to atlanta for a town hall event on small business. join us as part of our studio audience. for free tickets go to townhall@cnbc.com, and we hope to see you in atlanta. >>> welcome back to "fast." take a look at sarah lee after hours, the board approving a spinoff of the coffee and tea business. those shareholders will get a special $3 special dividend and the r
data will outperform european data and canada being linked with the united states and if you do have a risk off move, canada will suffer less than aussie or qe and that's another reason how you could stay in this trade as well. >> all right. amelia, great to see you. >> good to see you, too. >> money in motion is tomorrow at 5:30 p.m. eastern time. >>> meantime, let's go back to michael burns. hopefully we have fixed -- actually -- we're going to continue working on...
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states. joining me with his thoughts is co-president of insurance institutional securities for morgan stanley. he's the head of the mid-east africa and asia pacific business. good to see you again. >> good to see you. >> thank you for joining us. you've got a lot on your plate these days. i realize that. later we're going to talk about facebook with james gorman. give us your take on imf in terms of the imf bailing out spain. do you believe it will play out this way? >> well, spain has strong links with the imf. i think what is happening here is that there is a push and bull between countries that want, in addition to fiscal austerity, some looseness and spending in order to boost consumption and so on. and the germans clearly are holding very fast about what needs to be done. so the imf coming in has probably a good way of breaking some kind of road block. >> so you think it will happen? >> i think the imf is very concerned about the systemic risk and the interconnectiveness in the euro zone
states. joining me with his thoughts is co-president of insurance institutional securities for morgan stanley. he's the head of the mid-east africa and asia pacific business. good to see you again. >> good to see you. >> thank you for joining us. you've got a lot on your plate these days. i realize that. later we're going to talk about facebook with james gorman. give us your take on imf in terms of the imf bailing out spain. do you believe it will play out this way? >> well,...
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now this is not something that is very common in the united states. there's a lot of folk that would say they've rarely ever seen a case. what mr. franks is talking about is a paper from the university of texas is saying this happened a few thousand time in the earlier part of this decade. what's interesting is there is well known documentation in places like china and india, this sort of thing happening because of a preference for boys. because it is not in the united states, a lot of democrats are saying what is this connection here? really what republicans are saying, they're trying to prevent a war on women in the united states that could come in some conceivable notion and they're getting out in front of it. and this has been brought forward because of some conservative filmmakers went into planned parenthood. they had a hidden camera. they asked one employee at one planned parenthood if it was possible to have an abortion because of a gender, the woman kind of said yeah, we can do that. but we've talked with planned parenthood before. they're no
now this is not something that is very common in the united states. there's a lot of folk that would say they've rarely ever seen a case. what mr. franks is talking about is a paper from the university of texas is saying this happened a few thousand time in the earlier part of this decade. what's interesting is there is well known documentation in places like china and india, this sort of thing happening because of a preference for boys. because it is not in the united states, a lot of...
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but i also believe the united states and probably in line with germany at this point is not going to let imf money be used to supplant that -- >> unless, steve, unless there's going to be a big fight within the imf with the americans on one side and arguably half of europe and who knows, the brics on the other. >> i don't think that's the case, simon. i don't think right now the imf is set up in a way that would allow something like this to happen in the absence of u.s. consent. >> guys, thank you very much. let's go to tyler. tyler, are you with us? >> i am with you. shall we move along here? yes. president obama has been attacking private equity, but some of his biggest backers aren't really behind him on this. eamon javers -- he's done some digging. we'll find out what he found next. first, the currency board as the imf may be getting ready to move in and help spain. night-visio, like in a special ops mission? you'd spot movement, gather intelligence with minimal collateral damage. but rather than neutralizing enemies in their sleep, you'd be targeting stocks to trade. well, that'
but i also believe the united states and probably in line with germany at this point is not going to let imf money be used to supplant that -- >> unless, steve, unless there's going to be a big fight within the imf with the americans on one side and arguably half of europe and who knows, the brics on the other. >> i don't think that's the case, simon. i don't think right now the imf is set up in a way that would allow something like this to happen in the absence of u.s. consent....
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epic. ...with the best math scores. ...the united states would be on that list. in 25th place. let's raise academic standards across the nation. let's get back to the head of the class. let's solve this. ttd# 1-800-345-2550 let's talk about the typical financial consultation ttd# 1-800-345-2550 when companies try to sell you something off their menu ttd# 1-800-345-2550 instead of trying to understand what you really need. ttd# 1-800-345-2550 ttd# 1-800-345-2550 at charles schwa we provide ttd# 1-800-345-2550 a full range of financial products, ttd# 1-800-345-2550 even if they're not ours. ttd# 1-800-345-2550 and we listen before making our recommendations, ttd# 1-800-345-2550 so we can offer practical ideas that make sense for you. ttd# 1-800-345-2550 ttd# 1-800-345-2550 so talk to chuck, and see how we can help you, not sell you. ttd# 1-800-345-2550 when i had my heart event. and i've been on a bayer aspirin regimen ever since. [ male announcer ] be sure to talk to your doctor before you begin an aspirin regimen. i know if i take my bayer aspirin i have a better chance of livi
epic. ...with the best math scores. ...the united states would be on that list. in 25th place. let's raise academic standards across the nation. let's get back to the head of the class. let's solve this. ttd# 1-800-345-2550 let's talk about the typical financial consultation ttd# 1-800-345-2550 when companies try to sell you something off their menu ttd# 1-800-345-2550 instead of trying to understand what you really need. ttd# 1-800-345-2550 ttd# 1-800-345-2550 at charles schwa we provide ttd#...
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he is currently studying in the united states after his escape from detention and the council of morn relations talked about the danger faced by his family and what he calls the lawlessness in china. >> what i am most concerned about is also the most important question is the state of law in china, it is still very much being tram pelled on and more specifically after i left my home the local authorities have been having retaliating against my family in a frenzied way. please think about this. >> just in to cnn a couple minutes ago the syrian government is denying any involvement in the massacre that left more than 100 people dead in the village of houla. a government spoexz man in damascus blames what he calls armed groups, not the syrian military, for going house to house and slaughtering entire families, mostly women and children. it was last friday. you're about to see an up close look inside the village where it happened. itn's alex thompson. >> the u.n. warned you're past the last syrian army check point and then it is no man's land and space out the vehicles as we go across and
he is currently studying in the united states after his escape from detention and the council of morn relations talked about the danger faced by his family and what he calls the lawlessness in china. >> what i am most concerned about is also the most important question is the state of law in china, it is still very much being tram pelled on and more specifically after i left my home the local authorities have been having retaliating against my family in a frenzied way. please think about...
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we have created in the united states since the beginning of the turn around late in 2009 maybe about 4 million private sector jobs. unfortunately we have lost over 600,000 jobs from state, local government, teachers, fire fighters, police officers because the right wing has cut back on that. i think he dealt with the economy well. >> do you think mitt romney has a good record? do you think he is an adequate regard as the governor of massachusetts and also a businessman to lead forward. >> no, no, he was a terrible governor of massachusetts. i represented among other areas southeastern massachusetts, a working class area where there had been national economic trends and we had a number of things we were trying to do to help the fishing industry and to get commuter rail built from the cities from new bedford to boston and to support other institutions and it was as if that area didn't exist. he became governor for one reason, to run for president, and he was seriously neglectful of the area of the state that i represented that most needed his help. we also of course got a little whipla
we have created in the united states since the beginning of the turn around late in 2009 maybe about 4 million private sector jobs. unfortunately we have lost over 600,000 jobs from state, local government, teachers, fire fighters, police officers because the right wing has cut back on that. i think he dealt with the economy well. >> do you think mitt romney has a good record? do you think he is an adequate regard as the governor of massachusetts and also a businessman to lead forward....
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states. >> yeah. i think the obama's bush/romney narrative probably works a little for voters in some respect. i think certainly we in the media like to imagine the weirdness of bush and obama being in the same room. >> i think it is weird. >> when you're in the pc, when you're in the president's club -- >> you clearly have more -- the pc. >> you're part of the pc, i think that goes away. these guys aren't adversaries. bush knows that what obama is doing is campaigning. and obama i think recognizes he's in the white house because of president bush. he's in the white house because he could run against a president bush two-term economic policy and foreign policy. so i think these guys are both statesmen, above this kind of stuff and they are going to kick back and have a nice time. >> patty, you are a campaign strategist extraordinare. i want to talk about the president in addition to the talking about the failed policies of president bush, a new peg shall we say in this presidential re-electio
states. >> yeah. i think the obama's bush/romney narrative probably works a little for voters in some respect. i think certainly we in the media like to imagine the weirdness of bush and obama being in the same room. >> i think it is weird. >> when you're in the pc, when you're in the president's club -- >> you clearly have more -- the pc. >> you're part of the pc, i think that goes away. these guys aren't adversaries. bush knows that what obama is doing is...
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what it does is demonizing the women in the united states. it suggest, putting on them the idea that they're going go in and have an abortion for a daz tardly reason other than the choice or personal needs and the faith conversation and medical needs of that particular patient. this is a draconian drastic initiative and, frankly, it should go down today. >> congresswoman this comes at a time when they're showing that it intended to show planned parenthood accepted planned sex selections. right now the funding is in limbo. is this about the ongoing battle to defund planned parenthood which this week launched the campaign in several states targeting mitt romney or is this something else? is this strictly about trying to strip away the funding that goes to planned parenthood? >> well, you know, the women in texas are particular victims. i would say it's the world. it tees holistic approach of coming after women. the decision by the court in texas and the federal court as you well know enjoined the state from its ridiculous approach of denying th
what it does is demonizing the women in the united states. it suggest, putting on them the idea that they're going go in and have an abortion for a daz tardly reason other than the choice or personal needs and the faith conversation and medical needs of that particular patient. this is a draconian drastic initiative and, frankly, it should go down today. >> congresswoman this comes at a time when they're showing that it intended to show planned parenthood accepted planned sex selections....
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we stood up and fought the world cut court and united nations and the president of the united states. we defended u.s. sovereignty. and won. that is the record i'm running on. jenna: mr. cruz, you talked about career politicians if you get elected the term of six years, are you telling voters you will only do one term? that you're not going to be in office for a few decades as we do see some politicians? >> i have no interest in being in office for decades. i strongly support term limits. and in fact i have committed to cosponsor a constitutional amendment to limit every member of the u.s. senate to two erms. every member of the house to three terms. that fight being led right now by jim demint and indeed by the five strongest conserve i was in the senate today, jim demint, mike lee, rand paul, pat toomey and tom coburn. i'm only candidate in the country who all five are supporting. they need reinforcements and strong conservatives in the senate. jenna: very interesting i will start there with your opponent. mr. cruz, we look forward having you back. thank you very much. >> thank you.
we stood up and fought the world cut court and united nations and the president of the united states. we defended u.s. sovereignty. and won. that is the record i'm running on. jenna: mr. cruz, you talked about career politicians if you get elected the term of six years, are you telling voters you will only do one term? that you're not going to be in office for a few decades as we do see some politicians? >> i have no interest in being in office for decades. i strongly support term limits....
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states push for action in the u.n. it was blocked by chi in and russia months ago. >> tony, is it overly simplistic when mitt romney says the president needs to put more pressure on russia? >> i don't think it's sim pal to give that guidance to the president that more pressure needs to go on russia. it's a very complicated situation, pressure on russia and china and other actors in the region. you know, the real challenge for, thing, actually both the president and mitt romney as a challenger as explained to the american people why this is critical and important to american voters, and, of course, you know, american voters tend to not pay a whole lot of attention to these kinds of foreign policy issues until they get very bad, and if the situation gets much worse, we think it is, you know, horrifying to see the massacre last week, that it could raise to that level. the president has a challenge in terms of the consistency of his policy. he, of course, went into libya to great success, and it was a move i supported. i k
states push for action in the u.n. it was blocked by chi in and russia months ago. >> tony, is it overly simplistic when mitt romney says the president needs to put more pressure on russia? >> i don't think it's sim pal to give that guidance to the president that more pressure needs to go on russia. it's a very complicated situation, pressure on russia and china and other actors in the region. you know, the real challenge for, thing, actually both the president and mitt romney as a...
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states would be on that list. in 25th place. let's raise academic standards across the nation. let's get back to the head of the class. let's solve this. lori anne madison probably can as well as hundreds of other words. on wednesday the 6-year-old from northern virginia became the youngest person to compete in the national spelling bee. nbc's kristin welker has her story. kristin, good morning. >> reporter: good morning to you, ann. the scripps national spelling bee is the largest in the nation. and with 278 participants, the competition is fierce. but it at just 6 years of age, little lori anne madison is proving she's pretty tough, too. >> hi, lori anne. >> hi. >> reporter: lori anne madison can barely reach the microphone, but most days she towers over her competition. >> may i have the definition, please? >> reporter: the 6-year-old is the youngest ever to compete in the scripps national spelling bee. during the first preliminary round on wednesday, she aced it. >> dirigible, d-i-r-i-g-i-b-l-e. >> reporter: l
states would be on that list. in 25th place. let's raise academic standards across the nation. let's get back to the head of the class. let's solve this. lori anne madison probably can as well as hundreds of other words. on wednesday the 6-year-old from northern virginia became the youngest person to compete in the national spelling bee. nbc's kristin welker has her story. kristin, good morning. >> reporter: good morning to you, ann. the scripps national spelling bee is the largest in the...
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we had some luminaries and mitt is hopefully the next president of the united states. >> he has very good business sense. he has a fiscally responsible and i'm not putting down our current president but i just think he has a passion and he loves the country. >> the there were protestors. one group demonstrated across the street, supporting president obama. >>> speaking of president obama, he did call mitt romney, congratulating him for winning enough delegates to cinch -- clinch the republican presidential nomination. the white house says he looks forward to an important and healthy debate about the nation's future. as for romney's campaign, the call was "brief and cordial." >>> even if you don't own a piece of facebook, all californians could feel the pinch if the stock continues to slide. governor jerry brown's budget counted on 1.5 approximately dollars in income taxes related to the company's ipo. the brown administration took that number to facebook stock selling for $35 a share. right now i'm checking and facebook stock is down 3%, just this morning, selling at $27.26. it was a
we had some luminaries and mitt is hopefully the next president of the united states. >> he has very good business sense. he has a fiscally responsible and i'm not putting down our current president but i just think he has a passion and he loves the country. >> the there were protestors. one group demonstrated across the street, supporting president obama. >>> speaking of president obama, he did call mitt romney, congratulating him for winning enough delegates to cinch --...
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you'll be aware of the bearish effect it's had here in the united states. we have spain down 13%, italy down 20% for the month, as we have it on those charts anyway and the clear focus is the contagion and whether or not it actually spreads to spain and still of course a huge amount of pressure on the spanish bull market as we trek towards 7% on the yield there is and a key test is they have to auction some government paper next week. into the fray, it's important as we look to the long term and bringing time horizon closer, that mario draghi stepped up the pressure for the joint guarantee of bank deposits. he said depositors' money will be protected if they build this fund. he told politicians to clarify the europe that they want. take a listen. >> debt configuration that we had with us by and large for ten years, which was basically considered sustainable -- i should say, i should add, in a perhaps myopic way, is being shown now to be unsustainable unless further steps are taken. >> the ecb pushing along with probably half of europe to get this joint guar
you'll be aware of the bearish effect it's had here in the united states. we have spain down 13%, italy down 20% for the month, as we have it on those charts anyway and the clear focus is the contagion and whether or not it actually spreads to spain and still of course a huge amount of pressure on the spanish bull market as we trek towards 7% on the yield there is and a key test is they have to auction some government paper next week. into the fray, it's important as we look to the long term...
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chen escaped and sought refuge at the united states embassy and arrived in the u.s. earlier this monthment. >>> mitt romney's campaign is counting its cash today. tickets to a fundraiser at a hillsboro mansion. campaign staffers told the crowd of about 300, it was the most successful fundraiser in california yet but did not reveal how much was raised. cameras were not allowed inside. outside you can see here people gathered to voice their support for obama. and nicole richardson says she's a democrat but supports romney's economic plan. >> i think he has very good business sense. he's fiscally responsible, and i'm not putting down our current incumbent president, but i just think he has a passion and he loves the country. >> donors say former secretary of state condoleezza rice did formally endorse romney. but they say there was no talk of adding her name to the ticket as vice president. >> also from that quest to the white house. former president george w. bush returning to the white house. but for a different reason. the president and his wife laura will attend an
chen escaped and sought refuge at the united states embassy and arrived in the u.s. earlier this monthment. >>> mitt romney's campaign is counting its cash today. tickets to a fundraiser at a hillsboro mansion. campaign staffers told the crowd of about 300, it was the most successful fundraiser in california yet but did not reveal how much was raised. cameras were not allowed inside. outside you can see here people gathered to voice their support for obama. and nicole richardson says...
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all this experience that you're going to bring to the united states, i think that's great. i guess my question is, why didn't you bring this to massachusetts, governor, when you were 47th out of 50th? there are a lot of people that are angry in massachusetts right now that you had the colonel's secret formula, and you kept it lock up in the safe. >> you get that joke, barnicle. nobody else gets it. >> the colonel's secret formula. >> it's a kentucky fried chicken joke. >> pretty good. >> i didn't know we were going to be playing that. but last week, i was saying just again, why are they going after bain capital when they should be looking at his record in massachusetts, if what democrats say is true, 47th out of 50? so, again, that was just me playing strategist. >> well, here with us now -- >> which i get paid to do. >> surrogate for the obama campaign, democratic governor of massachusetts, governor deval patrick. good to see you. >> good morning. >> what would you make of that strategy advice? >> hold on a second. what happened to the celtics last night, first? >> well, r
all this experience that you're going to bring to the united states, i think that's great. i guess my question is, why didn't you bring this to massachusetts, governor, when you were 47th out of 50th? there are a lot of people that are angry in massachusetts right now that you had the colonel's secret formula, and you kept it lock up in the safe. >> you get that joke, barnicle. nobody else gets it. >> the colonel's secret formula. >> it's a kentucky fried chicken joke....
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and while it's costing the spanish government 7% as i say on ten-year money, the united states is managing to raise its cash at 1.6% for ten-year cash. that's a bargain. back to you. >> all right. we'll see what the markets do today. geoff cutmore live in london. thank you. other news back at home, a mentally disturbed man is being blamed for a horrific killing spree that left five people dead in see at. the gunman killed four people at a busy see at cafe yesterday before fleeing to a parking lot. carjacking a woman, killing her. and turning the gun on himself. for most of the day, police knew only there were two murder scenes. but did not know for sure if the two were related. detectives turned to this surveillance photo from the coffee shop to try it track down the suspect. according to the "seattle times," it turned out to be a man named ian stawicki who had a history of mental illness and caused disturbance at the cafe just days earlier. the suspect's family telling the "seattle times," they could see this coming. in his brother's own words, quote, nothing good is going to come with th
and while it's costing the spanish government 7% as i say on ten-year money, the united states is managing to raise its cash at 1.6% for ten-year cash. that's a bargain. back to you. >> all right. we'll see what the markets do today. geoff cutmore live in london. thank you. other news back at home, a mentally disturbed man is being blamed for a horrific killing spree that left five people dead in see at. the gunman killed four people at a busy see at cafe yesterday before fleeing to a...
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so what are the options for the united states? one, to hope that the nonexistent cease-fire somehow works. two, to hope that russia can exert some influence on bashar say assad. if neither of those options work, then some are saying that the u.s. will have to resort to arming the rebels and perhaps even to respond to calls to send in targeted air strikes. no question of u.s. boots on the ground, but at least some help for those in the uprising. christiane amanpour, abc news, new york. >>> in southern california now, a college exchange student from norway was attacked by a rattlesnake and then got another shock when he got the hospital bill. doug treadle was walking near the campus of uc san diego when this snake bit him. there was a hospital right across the street, fortunately. but on his way there, the venom kicked in. >> i was really scared because, i don't know much about the snakes here and how dangerous they are. and as i was walking over, my heart started pumping and i could feel tingling in my body and a metallic taste in
so what are the options for the united states? one, to hope that the nonexistent cease-fire somehow works. two, to hope that russia can exert some influence on bashar say assad. if neither of those options work, then some are saying that the u.s. will have to resort to arming the rebels and perhaps even to respond to calls to send in targeted air strikes. no question of u.s. boots on the ground, but at least some help for those in the uprising. christiane amanpour, abc news, new york....
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May 31, 2012
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however, eventually the pendulum is going to swing, and we think that gdp in the united states, which is currently the shining star globally, that will continue to grow somewhere in the magnitude of 2%. and the employment situation is improving here. so i think there are other asset classes that offer better relative value than treasuries. >> tom: what might some of those be, richard, as you're looking longer term? >> longer term we like municipals, municipal bonds, because on a tax adjusted basis right now municipals are cheap. they're yielding on a tax adjusted basis more than treasuries. they've got the second lowest default rate historically. and the supply demand imbalances should be evaporating going forward. they have a -- >> tom: i'm to try to get you to forecast an interest rate on the the 10-year benchmark. do you think it will hit 1.5%? >> it seems destined to in the near term. >> tom: all right, we'll let it go at that, great to hear from you, richard schlanger, with the peen near short-term income fund. >> tom: oil prices tumbled today, to their lowest level since october
however, eventually the pendulum is going to swing, and we think that gdp in the united states, which is currently the shining star globally, that will continue to grow somewhere in the magnitude of 2%. and the employment situation is improving here. so i think there are other asset classes that offer better relative value than treasuries. >> tom: what might some of those be, richard, as you're looking longer term? >> longer term we like municipals, municipal bonds, because on a tax...
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May 31, 2012
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and let's remind you what's on the agenda in the united states. the may adp unemployment report out. forecast to call for an increase of 150,000 in private sector payrolls. weekly jobless claims due at 8:30 a.m., expected to remain unchanged. also growth expected to be revised down from 2.2 to 1.9%. at 10:00, the may chicago pmi is out. cleveland fed president speaks at an nab conference 8:00 a.m. eastern. and u.s. retailers reporting may same store sales despite any boost for more's day. total sales forecast to rise just 2%. in here, great food demands a great presentation. so at&t showed corporate caterers how to better collaborate by using a mobile solution, in a whole new way. using real-time photo sharing abilities, they can create and maintain high standards, from kitchen to table. this technology allows us to collaborate with our drivers to make a better experience for our customers. [ male announcer ] it's a network of possibilities -- helping you do what you do... even better. ♪ >>> if you're just joining us, these are your headlines. m
and let's remind you what's on the agenda in the united states. the may adp unemployment report out. forecast to call for an increase of 150,000 in private sector payrolls. weekly jobless claims due at 8:30 a.m., expected to remain unchanged. also growth expected to be revised down from 2.2 to 1.9%. at 10:00, the may chicago pmi is out. cleveland fed president speaks at an nab conference 8:00 a.m. eastern. and u.s. retailers reporting may same store sales despite any boost for more's day. total...
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May 31, 2012
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what are the options now for the united states? one tortion hope that the nonexistent cease fire somehow works. two tortion hope that russia can exert some influence on saaad. if neither of the options work some are saying that the u.s. will have to resort to arming the rebels and perhaps even to respond to calls to send in targeted air strikes. no question of u.s. boots on the ground but at least some help for those in the uprising. >>> about 100 protesters from around the world gathered outside the chevron shareholders meeting in san ramon. they claim the oil and gas company is responsible for environmental damage and health problems in countries like brazil and ecuador. one protester who lives near richmond facility says there are problems closer to home. >> chevron insists it is a good neighborrer in more than 100 communities where it does business. >> we create many jobs around the world and have social investments helping build commune around the world and we continue to do that. >> inside the meeting in san ramon, shareholde
what are the options now for the united states? one tortion hope that the nonexistent cease fire somehow works. two tortion hope that russia can exert some influence on saaad. if neither of the options work some are saying that the u.s. will have to resort to arming the rebels and perhaps even to respond to calls to send in targeted air strikes. no question of u.s. boots on the ground but at least some help for those in the uprising. >>> about 100 protesters from around the world...
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May 30, 2012
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rerise on has a 4.8%. 100% of the revenues are for the united states. no european exposure and would you say that's the right time to do something like that? >> look at the dollar chart and say it's a little late. we had a major move in the dollar chart. we have gone through a period that is turning higher. the loner term trade and a name i liked, tef that i said fantastic. massive amounts of debt and massive amounts of neighborhood exposure in spain. this is a company that is not going out of business. i wouldn't want to be there right now. i think it's way oversold and agree with the thesis that the dollar plays are still safe. this could arguably be if you have a major turn out, this might be a big turn. >> speaking of the dollar, the euro falling to a new two-year low and let's check in on the volatility playbook and the tracks. >> it's double short and the euo is interesting. a pretty significant start. that said it's going through to and through 52-week highs. a move from the upside and everybody is talking about the euro dollar and the fact of ho
rerise on has a 4.8%. 100% of the revenues are for the united states. no european exposure and would you say that's the right time to do something like that? >> look at the dollar chart and say it's a little late. we had a major move in the dollar chart. we have gone through a period that is turning higher. the loner term trade and a name i liked, tef that i said fantastic. massive amounts of debt and massive amounts of neighborhood exposure in spain. this is a company that is not going...
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May 30, 2012
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only 300 are licensed and allow to be used here domestically in the united states. mcdonell says more should be allowed, including some right here in virginia. while you are eating lunch down below, law enforcement officials say unmet -- unmanned eyes in the sky are a good way to improve public safety. she likes the idea of increased security. people forgo privacy for all kinds of reasons. >> with all the information people put about themselves of facebook and everyone else, i think it is good. it helps catch the bad guys. >> a kind of crete's me out. >> why? >> unmanned surveillance. it is like in 1984 concept. >> a way to make law enforcement more productive. it cuts down on manpower in the air. more safe. that is why we use it on the battlefield. >> privacy advocates slammed the governor for telling our news partners more drones in the air might be a good idea. they are a cost saving way to do jobs they call too dangerous or too dull for humans. from wildfires to law enforcement to more. >> you can monitor pipelines and power lines with them. you can do environme
only 300 are licensed and allow to be used here domestically in the united states. mcdonell says more should be allowed, including some right here in virginia. while you are eating lunch down below, law enforcement officials say unmet -- unmanned eyes in the sky are a good way to improve public safety. she likes the idea of increased security. people forgo privacy for all kinds of reasons. >> with all the information people put about themselves of facebook and everyone else, i think it is...
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May 30, 2012
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i've been a superintendent for 30 some years at many different park service units across the united states. the only time i've ever had a break is when i was on maternity leave. i have retired from doing this one thing that i loved. now, i'm going to be able to have the time to explore something different. it's like another chapter. >> finally tonight, my observation on just how broken greece has become. at a time they are supposed to be cracking down, do not pay the state. clear evidence it could be a lost cause. a singer named tolis who is married to a former greek politician is convicted of owing 5 million euros and 500,000 more in fines. he said it was too much and he didn't have the money to pay it. instead of sending him to prison, a judge gave him a three-year sentence with parole and was told he had to repay the euros by just paying five euros a day. we did the math for you. it would take just 274 years to pay the 500,000 euros in fines since this celebrity is 70 years old. evading taxes is an epidemic in greece. they oh, 15.8 billion in total. that's an average of 3.58 million per
i've been a superintendent for 30 some years at many different park service units across the united states. the only time i've ever had a break is when i was on maternity leave. i have retired from doing this one thing that i loved. now, i'm going to be able to have the time to explore something different. it's like another chapter. >> finally tonight, my observation on just how broken greece has become. at a time they are supposed to be cracking down, do not pay the state. clear evidence...
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May 30, 2012
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the next guess says the united states is what could do our market an economy. he's got a big warning about friday's jobs number as well. as we head to the break, here's the sea of red based on the s&p 500 components. back after this. tdd# 1-800-345-2550 we're hitting new highs. tdd# 1-800-345-2550 and i'm on top of it all with charles schwab. tdd# 1-800-345-2550 tdd# 1-800-345-2550 i use streetsmart edge and its tools like... tdd# 1-800-345-2550 screener plus - i can custom build my own screens tdd# 1-800-345-2550 or use predefined ones. tdd# 1-800-345-2550 and i can trade wherever i want, tdd# 1-800-345-2550 whenever i want. tdd# 1-800-345-2550 the kicker? tdd# 1-800-345-2550 i pay $8.95 a trade. tdd# 1-800-345-2550 that's a deal in any language. tdd# 1-800-345-2550 open an account tdd# 1-800-345-2550 and trade up to 6 months tdd# 1-800-345-2550 commission-free. tdd# 1-800-345-2550 call 1-866-393-6174. that could adapt to changing road conditions. one that continually monitors and corrects for wheel slip. we imagined a vehicle that can increase emergency braki
the next guess says the united states is what could do our market an economy. he's got a big warning about friday's jobs number as well. as we head to the break, here's the sea of red based on the s&p 500 components. back after this. tdd# 1-800-345-2550 we're hitting new highs. tdd# 1-800-345-2550 and i'm on top of it all with charles schwab. tdd# 1-800-345-2550 tdd# 1-800-345-2550 i use streetsmart edge and its tools like... tdd# 1-800-345-2550 screener plus - i can custom build my own...
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May 30, 2012
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should you be really putting all of your baskets here in the united states at least for the time being? >> our view for the last year or two has been to focus more on the u.s. obviously you always want some diversification. but, you know, right now what we've been seeing is, you know, we're saying that the u.s. markets are down because of europe and greece. if you look at the last two months, we have seen weaker than expected economic data in the u.s. and we do have some unknowns on the horizon here. i think in the next two days we're going to see some important economic data which will help alleviate fears that the u.s. economy is weakening or stoke the fire that the u.s. economy is weakening. that will be the tell the next few days with the employment data and ism numbers. we have to look forward to everyone focusing on the debt problems in europe now come the end of the year some of that's going to come back to the u.s. shores and we're going to have to focus on that. >> like the internet and air travel, clear globalization is a fad. when we dig into that and look into the names we
should you be really putting all of your baskets here in the united states at least for the time being? >> our view for the last year or two has been to focus more on the u.s. obviously you always want some diversification. but, you know, right now what we've been seeing is, you know, we're saying that the u.s. markets are down because of europe and greece. if you look at the last two months, we have seen weaker than expected economic data in the u.s. and we do have some unknowns on the...
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May 30, 2012
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the united states. and which embattled stock is a better buy? facebook or research in motion? we're going to debate that. and the co-founder of myspace, the back to sue and tyler on "power lunch." >> thank you very much. detroit is a lasting symbol of course of the great recession, the near collapse of the auto industry. and at one point 18% unemployment. few years later it's still a stubborn 10.5%, the unemployment rate. but the city is clawing back. part of the resurgence is technology. not kidding. brian shactman is on the streets of detroit to explain. brian. >> you know, tyler, this building's name -- it's kind of a cute symbol, right? but it is representative of what's going on in detroit. this building was an old office space for a theater. and then dan gilbert, who is a native of detroit also chairman of quicken loans based in detroit and owner of the cleveland cavaliers, bought the abandoned space and he renovated it. the whole thing, specifically with start-ups in mind. vc firm detroit venture
the united states. and which embattled stock is a better buy? facebook or research in motion? we're going to debate that. and the co-founder of myspace, the back to sue and tyler on "power lunch." >> thank you very much. detroit is a lasting symbol of course of the great recession, the near collapse of the auto industry. and at one point 18% unemployment. few years later it's still a stubborn 10.5%, the unemployment rate. but the city is clawing back. part of the resurgence is...
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you have a restaurant company like darden that gets 0% of the revenues outside the united states. do you look to that or others? >> we talked about darden before. i also like brinker international. last night we talked about whole foods based in the u.s. you look at apple, a consumption name. jm smuckers, sjm, domestic u.s. focus name. these are the places to look right now. >> i'll give you one more in the restaurant space. upgraded yesterday and today, jack in the box, at a 52-week high yesterday. that's the name, even with the move you have seen, can go higher in this environment. >> bk, what do you have to say? >> oil is below $90 a barrel, which even a month ago, i think all of us would have said, that's going to be impossible. this is incredibly good for the u.s. consumer. so all the names are fantastic. not only that, but the euro going lower is incredibly good for exporters in europe. so that helps out there. so everything that seems to be bad today isn't necessarily bad. there's very good things going on. and if you want a name that you can play this all on, i think adm h
you have a restaurant company like darden that gets 0% of the revenues outside the united states. do you look to that or others? >> we talked about darden before. i also like brinker international. last night we talked about whole foods based in the u.s. you look at apple, a consumption name. jm smuckers, sjm, domestic u.s. focus name. these are the places to look right now. >> i'll give you one more in the restaurant space. upgraded yesterday and today, jack in the box, at a...
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May 30, 2012
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governor romney says he believes the president was born in the united states. he said it repeatedly. he says he thinks the issue is closed. >> let's bring in this morning's power panel. democratic strategist and radio talk show host. it's great to have the three of you here. this was supposed to be mitt romney's big moment. this is what he has been primarying for around the country to reach 1,144 delegates to seal this nomination. the background singer turns out to be to the lead singer of donald trump. how does romney dump trump gracefully? >> i would say yesterday the romney campaign did get traction on some of their messages. in fact, some of the questions directed at the white house press secretary yesterday were about equating bain, mitt romney's firm as well as the administration's investments into the one that failed. and some of the messages are getting traction but yes trump did overshadow it somewhat. the other thing i would point out is the romney campaign has not been strong enough in their language yet to make this go away. said that mitt romney be
governor romney says he believes the president was born in the united states. he said it repeatedly. he says he thinks the issue is closed. >> let's bring in this morning's power panel. democratic strategist and radio talk show host. it's great to have the three of you here. this was supposed to be mitt romney's big moment. this is what he has been primarying for around the country to reach 1,144 delegates to seal this nomination. the background singer turns out to be to the lead singer...